MBAs are a Waste Of Time & Money

Getting an MBA in your lifetime will be a total waste of time, money, energy and everything else. Let me tell you why.

First of all, having taught in a MBA school, I can tell you most of what you learn is totally wrong, you have to pay a lot of money to learn incorrect stuff and then you have to go out and you are 2 years behind everybody else because they were working. So it wasted you a lot of money to fall 2 years behind everybody else. And then it will take even more time to unlearn the things you learned at the business school.


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Why is Jim Rogers Investing in Japan

Q: Why Japan?

Jim Rogers : First of all, the market is down 70 percent or so from its all-time high. But Mr. Abe has said he’s going to print unlimited amounts of money. Those were his words. So he’s going to ruin Japan. Twenty years from now, we’re going to look back and say: that was the death knell for Japan.
But in the meantime, if you print unlimited amounts of money it’s got to go somewhere. The market is down dramatically in 24 years. And Abe also passed a law giving tax incentives for ordinary Japanese to invest in the stock market. I’ve seen that happen many times in history, and it always gets people to invest.
For those reasons, I’m investing in Japan. I repeat: this is all going to be a disaster in the end. Printing unlimited amounts of money is terrible. Running up staggering debt is terrible. But that’s what Mr. Abe is doing. He’s going to ruin Japan. But he might make the stock market go higher. - in IBTimes






Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Commodities : The Bull Market will end, I assure you, it will end someday. But not yet

Q: Have commodities fallen away from that multi-year bull market you predicted back in 2004? Or are recent slumps merely temporary corrections in a longer upward trend?

Jim Rogers : It’s a normal temporary correction, which happens in all markets. The bull market in stocks between 1982 and 2000 had many significant corrections. In 1987, stocks went down 40 to 80 percent. 1989, 1990, 1994, 1997, 1998 – these were several very significant corrections in the price of stocks.
Back then many people said: Aha! Now the bull market is over. Well, they were wrong. In my view, this is what’s happening in commodities.
I do not see enough significant permanent new supply in almost anything, which can cause the end of the bull market [in commodities]. Rio Tinto PLC (NYSE:RIO) and BHP Billiton Limited (NYSE:BHP) and others have cut back substantially on their capital spending programs because they think they should not be bringing a lot of new [mining] supply on stream yet. So until we have significant permanent new supply, I don’t see the bull market coming to an end.
The bull market will end, I assure you, it will end someday. But not yet.  - in IBTimes




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.